Global Specialty Silica Market

Specialty Silica Market Size, Share, Growth Analysis, By Product(Precipitated Silica, Fumed Silica, Fused Silica, Silica Gel), By Application(Rubber, Agrochemicals, Oral Care, Food Industry), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15H2037 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 69 | Figures: 75

Specialty Silica Market Competitive Landscape

The market for specialty silica is extremely competitive, with major multinational corporations dominating the industry. Rising product demand in many regions and industries has prompted these organizations to enhance R&D investments and concentrate on developing novel products.

Specialty Silica Market Top Player’s Company Profiles

  • Evonik Industries AG
  • Cabot Corporation
  • W.R. Grace & Co.
  • PPG Industries, Inc.
  • Solvay S.A.
  • Huber Engineered Materials
  • Imerys SA
  • Tokuyama Corporation
  • Madhu Silica Pvt. Ltd.
  • Akzo Nobel N.V.
  • Nalco Holding Company
  • PQ Corporation
  • Wacker Chemie AG
  • Oriental Silicas Corporation
  • Anten Chemical Co., Ltd.
  • Tosoh Corporation
  • Fuso Chemical Co., Ltd.
  • Kadvani Chemicals Pvt. Ltd.
  • J.M. Huber Corporation
  • Cabot Microelectronics Corporation

Specialty Silica Market

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Global specialty silica market size was valued at USD 6.38 Billion in 2022 and is poised to grow from USD 6.70 Billion in 2023 to USD 9.9 Billion in 2031, at a CAGR 5.0% during the forecast period (2024-2031). 

The market for specialty silica is extremely competitive, with major multinational corporations dominating the industry. Rising product demand in many regions and industries has prompted these organizations to enhance R&D investments and concentrate on developing novel products. 'Evonik Industries AG', 'Cabot Corporation', 'W.R. Grace & Co.', 'PPG Industries, Inc.', 'Solvay S.A.', 'Huber Engineered Materials', 'Imerys SA', 'Tokuyama Corporation', 'Madhu Silica Pvt. Ltd.', 'Akzo Nobel N.V.', 'Nalco Holding Company', 'PQ Corporation', 'Wacker Chemie AG', 'Oriental Silicas Corporation', 'Anten Chemical Co., Ltd.', 'Tosoh Corporation', 'Fuso Chemical Co., Ltd.', 'Kadvani Chemicals Pvt. Ltd.', 'J.M. Huber Corporation', 'Cabot Microelectronics Corporation'

Asia Pacific dominated the specialty silica market, accounting for more than 40% of total revenue in 2022. Growing economic development in the region's emerging countries is expected to play a significant influence in increasing tire production. Furthermore, the coating sector is likely to rise as the region's construction activity increases. Product demand is causing market leaders to expand their manufacturing facilities. For instance, the Evonik Wynca (Zhenjiang) Silica Materials commenced operations in 2021, generating Evonik's first synthesized silica factory in China. Evonik intends to position itself by establishing a worldwide supply chain for its Chinese and Asian customers. 

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Global Specialty Silica Market

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